Guidance - News, Features, and Slideshows

News

• Virgin Blue IT outage hit profit by up to $20m

  Airline Virgin Blue (ASX:VBA) said an outage of its reservations system will hit profit by up to $20m, and hinted it may seek compensation from system supplier Accenture

• Ideas forecasts up to 30% profit growth in 2010

  IT intelligence company Ideas International (ASX:IDE) expects a profit of between $1m and $1.3m in calendar 2010

• Stratatel has strong opportunities in FY11: chair

  Telecom software and services company Stratatel (ASX:STE) expects to be able to benefit this year from the opportunities arising from becoming an IBM premier business partner

• engin predicts further growth in FY11

  VoIP provider engin Limited (ASX:ENG) is targeting growth through customer acquisitions in FY11, according to CEO Charles Solomon

• Cellnet shares jump 15% on strong 1H forecast

  Memory and phone accessory distributor Cellnet (ASX:CLT) has forecast a profit of up to $1.6m in 1H11, sending its shares up 15%

• iSOFT aims for $50m cost reductions by end-FY11

  Andrei Fiumicelli, acting CEO of Health IT company iSOFT (ASX:ISF), has made achieving cost savings the main focus of his tenure at the company

• 4C to adjust operational model in FY11

  Security technology company 4C Security Solutions (ASX:FCS) plans to revamp its sales pipeline in response to expectations of another “challenging” financial year

• Two Way ready to expand TV wagering service

  Interactive Media Company (ASX:TTV) is ready and waiting to launch its successful TV wagering service in more Australian markets, but still requires regulatory approval

• Service Stream targets turnaround through core markets

  Service Stream (ASX:SSM), a provider of services for infrastructure-based industries, believes growth in its core markets will help aid a financial turnaround in FY11

• Datasquirt looks to social media for FY11 growth

  Communication software company Datasquirt (ASX:DSQ) plans to take advantage of the growing appetite for social media and an expected slight improvement in market conditions in FY11

• Data#3 targets strong growth in FY11

  IT services provider Data#3 (ASX:DTL) is aiming to grow revenue beyond the rate of increase in IT expenditure projected by analysts
  

• Q to emphasise organic growth in FY11

  Interactive advertising company Q Limited (ASX:QXQ) - which swung to a $27m loss in FY10 - plans to emphasise organic growth for this financial year

• RP Data to focus on expansion in FY11

  Property database supplier RP Data (ASX:RPX) will concentrate on increasing penetration for its products – particularly in New Zealand - during the financial year, according to its CEO

• Razor Risk expects increased demand in FY11

  Risk management technology provider Razor Risk Technologies (ASX:RZR) has flagged a likely increase in demand for its product as a result of improvements in investor confidence

• Praemium ready for financial adviser laws

  Financial software and services company Praemium (ASX:PPS) believes it will benefit from the upcoming introduction of financial adviser regulations in both Australia and the UK